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enCRCh 13: Restrictive Trade Practices16
marketpower:Measure of a business's ability to behave unrestrained in a market (two words).
supply:Production output.
bidrigging:Competitors make an agreement as to which party should win a bid (two words).
competition:Businesses in the same market each attempt to obtain a larger market share.
cartel:Conduct that involves price fixing, market sharing, restricting supply / outputs or bid rigging.
pricefixing:Competitors agree on the price, discount or rebate at which competing products are sold or bought.
pricesignalling:When one competitor gives price-related information to another to encourage them to vary prices (two words).
predatory:................. pricing. When a corporation with a substantial market share charges a price that is less than the cost of supply in order to eliminate or damage a competitor.
boycott:Collective ................. Any deal between competitors which involves restricting the supply of goods or services to a particular person or persons.
market:An area of close competition between businesses in respect of goods and / or services.
dealings:Exclusive ................ Unlawful conduct where one party tries to limit another parties ability to trade.
anticompetitive:Conduct which intends to, or has the effect of, substantially lessening competition(s45)
notification:A process whereby businesses can inform the ACCC of their intentions to engage in certain anti-competitive conduct (s89).
authorisation:Approval granted by the ACCC to partake in conduct that may breach the Act.
accc:Statutory authority responsible for promoting competition and combating restrictive business practices (acronym).
divestiture:Involves disposing of shares acquired as a result of a merger which is in breach of the Act.

Ch 13: Restrictive Trade Practices

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Across:

3.

Production output.

4.

Approval granted by the ACCC to partake in conduct that may breach the Act.

6.

Competitors make an agreement as to which party should win a bid (two words).

10.

Conduct which intends to, or has the effect of, substantially lessening competition(s45)

11.

Competitors agree on the price, discount or rebate at which competing products are sold or bought.

12.

When one competitor gives price-related information to another to encourage them to vary prices (two words).

14.

................. pricing. When a corporation with a substantial market share charges a price that is less than the cost of supply in order to eliminate or damage a competitor.

15.

An area of close competition between businesses in respect of goods and / or services.

Down:

1.

Involves disposing of shares acquired as a result of a merger which is in breach of the Act.

2.

A process whereby businesses can inform the ACCC of their intentions to engage in certain anti-competitive conduct (s89).

5.

Exclusive ................ Unlawful conduct where one party tries to limit another parties ability to trade.

6.

Collective ................. Any deal between competitors which involves restricting the supply of goods or services to a particular person or persons.